(4 weeks ago)
Commons Chamber
Mike Martin
This actually speaks to the delay. Had the DIP come out when it was meant to, in 2025, it would have been a 10-year plan, because it would have gone from 2025 to 2035. However, the Government were unable to get their ducks in a row and the DIP was delayed by a year. If we had waited for them to rejig the plan to go up until 2036, I think we might have waited until 2040 for the plan.
This is a DIP of two halves, and the really worrying bit is that most of the investment is in the second half, which is unfunded. Let me give the House some examples. In the air domain there is £27.8 billion before 2030, and £70 billion after—unfunded. In the maritime domain there is £18 billion before 2030, and £32 billion after—unfunded. In the land domain there is £19.2 billion before, and £36 billion after—unfunded. For weapons and munitions there is £11.1 billion before, and £20 billion after—unfunded. It beggars belief. Why bother publishing a plan when, by my calculations, almost two thirds of the investments that the Government seek to make are in the second half, which is unfunded?
One of the reasons that we have pulled this plan together is to give certainty to industry, so that they know how to invest.
Alan Gemmell (Central Ayrshire) (Lab)
My concern is that the only British company offering to build an advanced jet trainer replacement for the Red Arrows Hawk jet, AERALIS, has gone into receivership because of the delay in the DIP, which means it will not assemble those lovely British jets in my constituency.